Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Finance
Heartland review aimed at boosting value
Heartland Group Holdings chief executive Jeff Greenslade wouldn't be drawn on whether management's review of the company is likely to lead to a break-up of the group.
Finance sponsored by
First Mortgage Trust
First Mortgage Trust is an investment manager that specialises in property lending. For nearly 30 years we’ve been helping New Zealanders protect and grow their wealth.
Finance
RBNZ base bank stress test assumptions much worse than forecasts
The Reserve Bank's base case used in stress testing of banks to gauge the impact of the coronavirus crisis was much worse than its current forecasts but, even so, the banks came through in a position to continue lending and without breaching current capital requirements. In it...
Finance
Heartland complains about share price as covid-hit profit falls 2.2%
Heartland Group Holdings' annual net profit eased 2.2 percent after allowing $9.6 million to cover potential covid-19-related credit losses. However, the group expects to lift profit by as much as 18 percent in the current year as it grows its motor, business and reverse mortg...
Finance
PREFU: Robertson defends $11b cost for ‘functional’ banking system
The $11 billion cost of making the Reserve Bank buy government bonds from private banks instead of the Treasury is a price worth paying for a stable, credible financial system, says Grant Robertson.
Prev
